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Q3 Yelp Economic Average Finds that Consumers Inflationary Experiences Intensify Across the U S , as People Increasingly Turn to Budget Options

Q3 Yelp Economic Average Finds that Consumers Inflationary Experiences Intensify Across the U S , as People Increasingly Turn to Budget Options
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Yelp: Inflation Turning Up in More Searches on Its Platform

Food businesses, restaurants were particularly hard-hit in the third quarter of 2022.

Yelp economic average

Yelp: New Business Openings Rose 8% in 2021

Consumers expressed concerns about inflation, but searches for higher-priced businesses rose.

Yelp economic average

Inflation isn t deterring consumers from seeking out higher-priced businesses, Yelp says

The Yelp Economic Average report underlined the fact that inflationary pressures were still mounting as "consumers described more inflationary experiences within their reviews on Yelp in 2021 than ever before."

Yelp economic average

Post Pandemic, Restaurants Look Set to Surge

After the pandemic forced a lot of restaurants to close their doors, a new wave of eateries are ready to expand.

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